October 18, 2020

On Friday, the S&P 500 was about unchanged while Toronto was down 0.4%.

Canadian Tire was strong with a 2.8% gain.

Toll Brothers was down 2.4%.

Stock futures suggest that stocks will rise on Monday du to optimism about economic stimulus talks in the U.S. 

The market so far seems unconcerned about the rising COVID-19 cases and the various lockdowns. The market also seems unconcerned that the November 3rd election could cause uncertainty and that the results may not be clear until some days after the election.

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